Moatable (NYSE:MTBLY) Stock Jumps 5.3% – What’s Next?

Moatable, Inc. (NYSE:MTBLY – Get Free Report)’s stock price traded up 5.3% during trading on Wednesday. The stock traded as high as $0.79 and last traded at $0.79. 100 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 2,170 shares. The stock had previously closed at $0.75.

Moatable Stock Performance

The company has a market capitalization of $12.97 million, a P/E ratio of -7.90 and a beta of 9.65. The stock has a fifty day moving average of $0.66 and a 200 day moving average of $1.00.

Moatable Company Profile

(Get Free Report)

Moatable, Inc is a technology holding company focused on software-as-a-service businesses serving small and midsize companies. Its principal operating business is Chime Technologies, a provider of technology solutions for the real estate industry.

Chime’s platform combines customer relationship management, lead generation, marketing automation, website and search tools, and transaction-related workflows. These products are designed to help real estate agents, teams and brokerages attract prospective clients, manage relationships and support property transactions through a unified digital platform.

The company was formerly known as Renren, Inc and adopted the Moatable name as it shifted its focus toward software businesses.

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